Anglo-Eastern Univan Group has signed a letter of intent to buy Miami-based Cruise Management International, one of the largest third-party managers of expedition cruise ships.

Anglo-Eastern said in a media statement released on Wednesday that it had reached an agreement with the shareholders of CMI to buy over the entire share capital of the company, which will continue to be based in Miami.

CMI executives told cruise industry media that it would be “business as usual” for the company, which provides a mix of technical, hotel and commercial management services to around a dozen cruise ships, the majority of which are polar-classed expedition cruise ships that are owned by affiliate company SunStone Ships.